Nature of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2024

Nature of Business and Summary of Significant Accounting Policies

Schedule of cash and cash equivalents

Cash and cash equivalents consists of the following as of (in thousands):

	June 30, 2024		June 30, 2023
Cash	$	18,823	$	20,713
Money Market Fund		41,116		63
Certificate of Deposits		5,402		15,179
	$	65,341	$	35,955

Schedule of investments - other

Investments-other consists of the following as of (in thousands):

	June 30, 2024		June 30, 2023
Certificate of Deposits	$	26,980	$	25,660
	$	26,980	$	25,660

Schedule of certificates of deposit

Certificate of deposits are recorded at the original cost plus accrued interest. The Company’s Certificate of Deposits consist of the following as of (in thousands):

June 30, 2024
Balance Sheet Classification	Interest Rate		Maturity Date		Cost		Carrying Value
Cash and Cash Equivalents		4.70%		8/22/2024	$	5,374	$	5,402
Investments - other		4.55% - 4.75%		7/25/2024 - 10/24/2024		26,709		26,980

June 30, 2023
Balance Sheet Classification	Interest Rate		Maturity Date		Cost		Carrying Value
Cash and Cash Equivalents		4.59% - 5.00%		7/30/2023 - 8/29/2023	$	15,112	$	15,179
Investments - other		4.80% - 5.15%		7/24/2023 - 10/24/2023		25,359		25,660

Schedule of intangible assets

Changes in intangible assets are as follows (in thousands):

	June 30, 2024						June 30, 2023
	Carrying		Accumulated		Net book		Carrying		Accumulated		Net book
	value		amortization		value		value		amortization		value
Customer relationships	$	9,800	$	(9,436)	$	364	$	9,800	$	(9,302)	$	498
Trade name		4,048		(810)		3,238		4,048		(607)		3,441
	$	13,848	$	(10,246)	$	3,602	$	13,848	$	(9,909)	$	3,939

Schedule of reconciliation of earnings per share

The following provides a reconciliation of information used in calculating the per share amounts for the fiscal years ended June 30 (in thousands, except per share data):

										Net Income per
	Net Income						Weighted Average Shares			Share
	2024		2023		2022		2024	2023	2022	2024		2023		2022
Basic EPS	$	49,818	$	27,127	$	19,599	36,812	36,741	36,725	$	1.35	$	0.74	$	0.53
Effect of Dilutive Securities:
Stock Options		—		—		—	254	264	142		(0.01)		(0.01)		—
Diluted EPS	$	49,818	$	27,127	$	19,599	37,066	37,005	36,867	$	1.34	$	0.73	$	0.53